SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

Three More SMEs Awarded “Startup” Certificates 29.05.25

The number of micro and small business entities granted tax concessions for innovation activities has reached 213.

The Expert Council established under the Small and Medium Business Development Agency (KOBIA) for issuing “Startup” certificates has held its latest meeting. During the session, eight applications submitted by SME entities were reviewed, and it was decided to award “Startup” certificates to three of them. As a result, the total number of SMEs that have received a “Startup” certificate has reached 213.

The “Startup” certificate exempts SME entities from profit or income tax on revenues generated from innovation activities for a period of three years, starting from the date of issuance.

Micro and small business entities with projects in the development stage are eligible to apply to the Small and Medium Business Development Agency (KOBIA) for a “Startup” certificate. The application form, a list of required documents, and detailed information on the relevant eligibility criteria are available at the following link: https://smb.gov.az/en/nav/startup-certificate